The Social Chain AG: Trough passed and restructuring continues
In an informative and outspoken call with CEO Georg Kofler and CFO Andreas Schneider, we discussed the current situation of The Social Chain (TSC).
In an informative and outspoken call with CEO Georg Kofler and CFO Andreas Schneider, we discussed the current situation of The Social Chain (TSC), gained deeper insight in the strategy after selling the English-speaking agency business in UK and the US and derived our implications for 2023. The attitude and tone of management has reinforced our view: Comments were consistently cautious and modest, giving us the impression that management has become more realistic about the ability to quickly scale the business and is increasingly focusing on profitability. 2023 will clearly remain a transitional year which could bring negative surprises. Therefore, TSC is an investment for risk-tolerant investors who are betting on a successful turnaround. BUY with an unchanged PT of EUR 6.00
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Die The Social Chain Aktie wird zum Zeitpunkt der Veröffentlichung der Nachricht mit einem Plus von +2,58 % und einem Kurs von 3,58EUR auf Tradegate (23. März 2023, 11:57 Uhr) gehandelt.